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Financial News: Norway Retail Sales Fall In December

Norway Retail Sales Fall In December

01/30/2017 - 02:30:00 (RTTNews)

(RTTNews) - Norway's retail sales decreased at the end of the year, figures from Statistics Norway showed Monday.

Retail sales volume, excluding motor vehicles, dropped 2.1 percent month-over-month in December, after remaining flat in November. The November figure was revise down from a 0.2 percent increase.

On an annual bass, the volume of retail sales fell a working-day-adjusted 2.2 percent in December, while value rose by 0.5 percent.

For the whole year 2016, total retail sales contracted 1.5 percent as compared to 2015.

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